scorecardresearch
Thursday, August 28, 2025
Support Our Journalism
HomeTechFTX needs emergency funding amid withdrawal requests - WSJ

FTX needs emergency funding amid withdrawal requests – WSJ

Follow Us :
Text Size:

(Reuters) – FTX Chief Executive Sam Bankman-Fried told investors on Wednesday that the cryptocurrency exchange needs an emergency funding to cover a shortfall of up to $8 billion due to withdrawal requests received in recent days, the Wall Street Journal reported, citing people familiar with the matter.

FTX did not immediately respond to a Reuters request for comment.

(Reporting by Aishwarya Nair in Bengaluru; Editing by Maju Samuel)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

Subscribe to our channels on YouTube, Telegram & WhatsApp

Support Our Journalism

India needs fair, non-hyphenated and questioning journalism, packed with on-ground reporting. ThePrint – with exceptional reporters, columnists and editors – is doing just that.

Sustaining this needs support from wonderful readers like you.

Whether you live in India or overseas, you can take a paid subscription by clicking here.

Support Our Journalism

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular